Activities of Multinational Enterprises in Canada

Basis of affiliate ownership of enterprise, category

Basis of affiliate ownership refers to the type of affiliate relationship a business entity has with its majority owner. These relationship include an ultimate based or an immediate based ownership. The ultimate based ownership is defined as the country of residence of the ultimate investor and gives information about who controls the foreign majority-owned affiliates in Canada. The immediate based ownership is defined as the country of residence of the immediate investor and gives information about the country that is the direct investor before entering the Canadian economy.

Enterprise refers to the highest level of the Business Register statistical hierarchy. In alignment with the System of National Accounts, it is defined as an institutional unit that directs and controls the allocation of resources relating to its operations, and for which financial statements are maintained from which international transactions, an international investment position and a financial position for the unit can be derived. Enterprises can be corporations, quasi-corporations, institutions, or unincorporated businesses such as sole proprietors or partnerships. For incorporated enterprises, financial statements can be consolidated.

The data for this variable are reported using the following classifications and/or lists:

• Basis of Affiliate Ownership